Articles - Schroders- Budget 2012 preview

 Ahead of tomorrow's budget announcement, Schroders' European Economist, Azad Zangana, gives his views on what we can expect from the 2012 Budget:

     
  •   We expect the Chancellor to focus on growth measures that will not dent the exchequer.
    •  
  •   The income tax threshold is clearly on the agenda, but in order to fund a cut in the top rate of tax, the Chancellor will have to find a way to recoup the losses to the exchequer (likely to be small) with other measures.
    •  
  •   Rumours are rife that the Chancellor may reduce pension tax relief for higher earners.
    •  
  •   The focus will remain on boosting growth and employment, but not at the risk of losing the UK's credibility with investors.

Back to Index


Similar News to this Story

The Real Risk in Life Modernisation
Life insurance is approaching a major transformation cycle. For decades, the sector has operated on highly stable, transaction-intensive platforms.
April 2026 Edition of the Actuarial Post Magazine
They say that March comes in like a lion, goes out like a lamb, well in terms of the weather Storm Amy at the beginning of the month seems to make tha
Tax relief methods for employers in the new tax year
With the new tax year starting on 6 April, this is a good moment to revisit how your pension scheme gives tax relief. The method you use – net pay, r

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.